Growth and Recognition SpryPoint has demonstrated rapid growth, evidenced by its ranking 40th on Deloitte Canada's 2025 Technology Fast 50, and substantial revenue between 50M and 100M. This indicates a scalable solution and potential for expansion into new markets or upgrading existing utility management systems.
Utility Sector Focus With a core focus on electric, water, gas, and telecom utilities across North America, SpryPoint’s specialized offerings position it as an ideal partner for utility companies seeking modernization, customer engagement, and operational efficiency improvements.
Recent Client Wins Recent contracts with Athens-Clarke County Police, Gainesville Water Resources, and LOGIS showcase a strong trend of expanding into municipal and governmental utilities, suggesting additional opportunities within public sector entities looking for comprehensive utility management solutions.
Innovative Funding Support SpryPoint has attracted growth capital from CIBC Innovation Banking, highlighting investor confidence and financial stability. This funding backing could facilitate tailored solutions for large-scale utility projects and support upselling of advanced cloud-based features.
Technological Partnerships Strategic alliances with firms like Exceleron Software and the adoption of a cloud-native approach suggest opportunities to integrate advanced metering and customer self-service features, appealing to utility clients aiming to modernize grid and billing systems for enhanced customer experience.